Job designation : SAP GTS Compliance
Company : Philips
Qualification : No Degree Mention
Location : India
Salary : 20 Lacks a year
Work type : Contracter
Overview :
Philips, a global leader in health technology, is currently hiring for the position of SAP GTS Compliance in India. Known for its commitment to improving lives through innovative healthcare solutions, Philips offers exciting opportunities for professionals across the globe. This particular job opening is an excellent chance for individuals with expertise in SAP Global Trade Services (GTS) to work in a challenging and rewarding environment.
This position is unique not only because it’s with a world-class company but also due to its attractive compensation of 20 lakhs per year. Additionally, this is a contract-based e role, offering flexibility along with competitive remuneration. If you are interested in understanding more about this opportunity and whether it’s the right fit for you, let’s dive into the details of the job description, responsibilities, qualifications, and the benefits of working at Philips.
Overview of the PhilipsSAP GTS Compliance Role :
The SAP GTS Compliance position at Philips focuses on ensuring that the company complies with international trade laws and regulations using SAP’s Global Trade Services module. SAP GTS is an essential tool for companies involved in import and export, helping them manage trade compliance, customs procedures, and risk management. The primary objective of this role is to ensure smooth international trade operations by staying in line with legal and regulatory requirements.
This job is a high-impact role that involves collaborating with different teams within Philips, including supply chain, finance, and legal, to ensure that trade processes are efficient, compliant, and in line with the company
Key Responsibilities of Philips SAP GTS Compliance Specialist
The SAP GTS Compliance Specialist will be responsible for a wide array of tasks. These responsibilities typically include:
- 1. Managing Global Trade Compliance:
As the core of this role, you will be responsible for ensuring that Philips complies with all global trade regulations, such as export control laws, customs regulations, and embargo rules. You will monitor changes in trade regulations and update internal processes accordingly to ensure compliance. - 2. Configuring and Managing SAP GTS:
A significant part of the job involves working with the SAP GTS module. This includes configuring and maintaining the system to ensure it meets the company’s trade compliance needs. You may be required to work on system upgrades, manage compliance reporting, and ensure that trade processes are automated and efficient. - 3. Customs Management:
You will work on ensuring that customs documentation, tariffs, and duties are managed effectively. This will involve collaboration with customs brokers, freight forwarders, and governmental agencies to ensure the smooth flow of goods across borders. - 4. Risk Management and Mitigation:
Another key aspect of the role is identifying and mitigating risks associated with international trade. This might involve reviewing trade compliance policies, assessing the risk of non-compliance, and implementing strategies to avoid penalties or delays in shipments. - 5. Audits and Documentation:
As part of maintaining compliance, the SAP GTS specialist is also responsible for managing audits related to trade activities. This includes maintaining accurate records, preparing for internal and external audits, and ensuring that all trade transactions are properly documented. - 6. Collaboration Across Departments:
The role requires close collaboration with departments like supply chain management, procurement, finance, and legal to ensure that trade policies align with the company’s overall objectives. Effective communication and teamwork are essential to keep all departments informed about trade-related regulations and procedures. - 7. Training and Awareness:You may also be responsible for training staff on global trade compliance policies and procedures. Keeping the team updated on changes in trade laws and regulations is essential to maintain compliance and avoid costly mistakes.
Qualifications and Skills Required SAP GTS Compliance :
Although the job description for this SAP GTS Compliance role at Philips does not specify a particular degree, it does require a specialized skill set. Professionals applying for this position must have relevant experience in managing global trade processes using SAP GTS. Here’s a breakdown of the key qualifications and skills:
1. Expertise in SAP GTS Compliance :
You should have a strong background in configuring, managing, and troubleshooting SAP GTS modules.
Practical experience with export compliance, customs management, and embargo management features within SAP GTS is crucial.
You should be familiar with SAP GTS processes, including the setup of license determination, sanctioned party list screening, and electronic compliance documentation.
2. Global Trade Knowledge:
A thorough understanding of global trade regulations, including customs regulations, export control laws, and free trade agreements, is necessary.
Experience in handling customs documentation and managing the legal aspects of international trade is essential.
3. Risk Management Skills:
The ability to assess trade compliance risks and implement mitigation strategies is key to ensuring smooth operations.
You should be able to conduct risk assessments related to trade activities and implement corrective actions as needed.
4. Analytical and Problem-Solving Abilities:
You’ll need strong analytical skills to evaluate compliance data, identify potential risks, and find innovative solutions to compliance challenges.
Problem-solving skills are essential when managing issues related to trade violations, shipment delays, or system configuration problems.
5. Communication Skills:
You will need excellent communication skills to work with different departments and external stakeholders.
It’s important to communicate compliance issues and requirements clearly to ensure that everyone in the organization is on the same page.
6. Experience in Project Management:
Experience in managing projects, especially those related to process improvement or system upgrades, will be beneficial.
Being able to lead projects related to SAP GTS system enhancements or compliance stRequired
Career Prospects and Opportunities
Working as an SAP GTS Compliance Specialist at Philips can open up numerous career opportunities, both within and beyond the company. Here’s how this role can shape your future:
1. Career Growth in Compliance and Risk Management:
Starting in a role focused on trade compliance can lead to broader opportunities in regulatory compliance, risk management, and governance roles. Over time, you can move into managerial positions or take on more specialized roles in trade law or international business operations.
2. Advancement in SAP Specialization:
Given the technical nature of this role, many professionals eventually specialize further in SAP modules. With advanced training and certification, you could become a lead SAP GTS consultant, offering your expertise to other organizations or even moving into SAP system architecture roles.
3. Cross-Functional Mobility:
Working in trade compliance often exposes you to several departments such as supply chain management, finance, and procurement. This cross-functional experience could allow you to transition into other business units or management 
Compliance
Why Work at Philips?
Philips is one of the world’s most admired companies, with a focus on improving lives through health technology. Here are some reasons why working at Philips is a smart career choice:
1. Competitive Salary:
The role of SAP GTS Compliance offers a salary of 20 lakhs per year, which is highly competitive in the market for SAP GTS specialists. This compensation reflects the company’s recognition of the specialized skills and experience required for the role.
2. Global Exposure:
Philips operates in over 100 countries, providing employees with opportunities to collaborate on international projects and gain exposure to global markets and business practices.
3. Learning and Development:
Philips encourages continuous learning and development. Employees have access to a variety of learning resources, including training programs, certifications, and professional development opportunities to enhance their skills.
4. Flexible Work Environment:
As a contract-based position, this role offers flexibility that may suit individuals looking for short-term engagements or those who prefer contract work over permanent roles.
5. Impactful Work:
Working at Philips means contributing to products and services that improve people’s health and well-being. Knowing that your work plays a part in a larger mission to improve global health can be incredibly fulfilling.
Conclusion
The SAP GTS Compliance role at Philips presents an excellent opportunity for experienced professionals in the field of global trade compliance. With a competitive salary of 20 lakhs per year and the chance to work with a global leader in health technology, this contract-based position offers both professional growth and financial rewards. If you have the skills and experience required, this could be a unique opportunity to enhance your career in a dynamic and innovative company like Philips.
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